Trump Tariffs Largely Paid by U.S. Importers and Consumers, Study Finds
A new study shows 96% of the cost of Trump-era tariffs is paid by U.S. importers and consumers, not foreign exporters.
us economy
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Markets Slide as Trump’s EU Tariffs Spark Flight to Safety, Gold and Silver Hit Records
Global markets sold off sharply after President Donald Trump announced new tariffs on European imports, triggering a rush into safe-haven assets as equities and crypto assets tumbled.
U.S. Prosecutors Open Criminal Probe Into Fed Chair Powell, Raising Stakes for Central Bank
U.S. prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell over disclosures tied to a headquarters renovation, escalating political pressure on the central bank amid rate policy tensions.
Fed Injects $31 Billion via Overnight Repo in Largest Single Liquidity Move Since COVID
The Federal Reserve injected $31 billion through overnight repo operations, the largest single liquidity boost since the COVID-19 crisis.
Fed Emergency Injection Sparks Market Fears After Silver Bet Backfires
The Federal Reserve injected at least $17 billion into a major U.S. bank after heavy losses linked to a failed silver trade, reviving fears of systemic stress as precious metal prices soar.
Gold Breaks $4,400 as Rate-Cut Bets Fuel Fresh Record Rally
Gold surged to a new all-time high above $4,400 as investors intensified bets on U.S. interest rate cuts, driving strong demand for precious metals. Silver also climbed to fresh peaks, reinforcing bullish momentum across commodities.
Trump Says Next Fed Chair Must Consult Him, Pushes for Rates at 1% or Lower
Trump says the next Fed chair should consult him and signals interest rates at 1% or below.
Top 10% of Americans Now Own 88% of the Stock Market
The wealth gap in U.S. markets is accelerating as the top 10% now hold 88% of stocks, driven by decades of compounding and unequal participation.
Tim Cook Earns Average U.S. Salary in 7 Hours as Pay Gap Widens
Apple CEO Tim Cook earns more in seven hours than the average American makes in a year, underscoring the growing divide between executive compensation and household income.
Swiss National Bank Holds at 0% as Inflation Cools, European Stocks Edge Lower
European markets slipped on Thursday as the Swiss National Bank kept rates at 0% and investors digested the Federal Reserve’s latest quarter-point cut alongside signals that further easing may prove difficult.
Fed Set to Deliver Rate Cut While Signaling a Harder Path Ahead
The Federal Reserve is expected to issue a third straight rate cut while warning that further easing may be limited, as officials remain split over slowing job growth and stubborn inflation.
Google Searches for ‘Dollar Devaluation’ Surge to Highest Level on Record
Searches for ‘dollar devaluation’ just hit an all-time high, signaling rising concern over the currency’s future.
Gold Slips as Profit-Taking and Higher Treasury Yields Pressure Prices
Gold prices retreated from a six-week high as rising U.S. Treasury yields and investor profit-taking weighed on the metal, while silver pulled back from its record peak.
Gold Hits Near Two-Week High as Softer U.S. Data Boosts Rate-Cut Expectations
Gold climbed over 1% to its highest level in nearly two weeks after soft U.S. economic data strengthened expectations of a Federal Reserve rate cut next month, lifting demand for non-yielding bullion.
Trump’s $2,000 Tariff Dividend Plan Rekindles Crypto Market Optimism
Trump’s $2,000 tariff dividend proposal sparks crypto optimism, echoing the 2020 stimulus that preceded Bitcoin’s 845% rally.